Equities strategist Brian Sozzi has developed a very specific sideline: taking blog readers on tours of sad, pitiful, dilapidated stores belonging to iconic 20th century retailers. This isn’t just a hobby, but is related to his work. Namely, telling people, “for gosh sakes, don’t buy Sears Holdings stock!” Now, his Retail Despair Tour is making a stop at JC Penney.
There’s a lot there to look at. Similar to Kmart and Sears, there are clearance racks crammed full of stuff that nobody wants and display racks that are empty. There are stained carpets and hardware and trash where there shouldn’t be.
19 Sad Photos That Show A Dying JCPenney [Business Insider] (Thanks, Rowell!)